{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Xtrackers USD Corporate Green Bond UCITS ETF",
    "investment_objective": "To reflect the performance of the Bloomberg MSCI USD Corporate and Agency Green Bond Index, minimizing foreign currency fluctuations at share class level.",
    "primary_asset_class": "Bond",
    "geographic_focus": "US Dollar-denominated corporate and agency issuers (US and non-US)",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The ETF physically replicates the Bloomberg MSCI USD Corporate and Agency Green Bond Index by directly purchasing a portfolio of investment grade USD-denominated corporate and agency green bonds. The fund uses derivatives only for currency hedging purposes to reduce the effect of exchange rate fluctuations between the fund's USD assets and the EUR share class currency. There is no indication of synthetic replication, swap agreements, or leverage. The fund is UCITS compliant and employs a straightforward index-tracking strategy with direct investment in liquid, transparent securities. The risk profile is medium-low (risk level 3 out of 7), consistent with a bond ETF without leverage or complex derivative strategies. No capital protection or structured features are present. Costs are simple, with a single ongoing charge of 0.25% and no performance fees. The factsheet confirms physical replication and no use of swaps for replication. The PRIIPs KID does not carry any comprehension warnings or complexity flags. Overall, the fund's structure and strategy align with a non-complex classification under MiFID II."
}